12802 W Myer Lane, El Mirage, AZ 85335, El Mirage, 85335 - 2 bed, 2 bath
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El Mirage, AZ 85335
This Single Family Residence presents a Strong Value Opportunity, listed at $275,000—positioned well below the $276,279 Fair Market Value by 0.46%. This valuation gap offers $1,279 in Instant Equity. With a Fair Condition Rating, the property features No HOA and No Common Walls, providing rare independence for this price point. While the interior requires modernization, the private backyard and garage offer significant utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12802 W Myer Lane Subject | $275,000* List Price | 2 | 2 | 988 | $280 | - |
A 12602 W ASH Street Sold | $265,000 | 2 | 2 | 988 | $268 | 0.3 mi |
B 12326 W ASTER Drive Sold | $350,000 | 2 | 2 | 988 | $354 | 0.5 mi |
C 12046 W FLORES Drive Sold | $300,000 | 2 | 2 | 956 | $314 | 0.9 mi |
D 12402 W FLORES Drive Sold | $339,000 | 3 | 2 | 1,229 | $276 | 0.6 mi |
E 12141 W CORRINE Drive Sold | $315,000 | 3 | 2 | 1,090 | $289 | 0.8 mi |
F 12248 W ROSEWOOD Drive Sold | $325,000 | 3 | 2 | 1,238 | $263 | 0.7 mi |
G 12402 W FLORES Drive Sold | $339,000 | 3 | 2 | 1,229 | $276 | 0.6 mi |
H 12745 W VALENTINE Avenue Pending | $299,900 List Price | 2 | 2 | 988 | $304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, which falls into the 'Fair' category (>20 years). While the exterior and garage appear well-maintained, the age suggests that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original and dated, requiring modernization and minor repairs to meet current market standards.
The absence of a Homeowners Association (HOA) provides significant monthly savings and greater freedom for property modifications and usage.
Unlike many properties at this price point, this home features no common walls, offering the privacy and independence of a true single-family residence.
The property includes a private backyard with a designated garden area and a garage, providing valuable utility and outdoor living potential on a 5,060 sqft lot.
With only 988 square feet of living space, the home's small footprint may feel restrictive for buyers seeking more spacious interiors or additional storage.
The assigned elementary and middle schools have lower performance ratings, which could be a consideration for families prioritizing educational district rankings.
You could rent OR CONSIDER OWNING. 2 bedrooms, 2 baths, garage with laundry machines, back yard with designated garden area. NO COMMON WALLS and NO HOA.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades PK-8 • 1.1 mi
Grades PK-8 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 988 | - |
| Lot Size | 5,060 | - |
| Price | $275.0K | $325.0K |
| Price per sq ft | $278 | $237 |
| Built year | 2002 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 2557 |
Jul 8, 2026
$275,000
Initial Listing